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PARSEC Accelerator is a business accelerator based in Europe that supports the development of Earth Observation-based products and services for SMEs, startups, and researchers. It focuses on the Food, Energy, and Environment sectors.
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PARSEC Accelerator is a business accelerator that supports the creation of new Earth Observation (EO) based products and services. It targets small and medium-sized enterprises (SMEs), start-ups, entrepreneurs, and researchers aiming to impact the Food, Energy, and Environment sectors. Founded under the Horizon 2020 Research and Innovation programme of the European Union, PARSEC distributes a total of €2.5 million in equity-free funding to beneficiaries, alongside resources such as coaching, matchmaking, and promotion. The accelerator operates a two-stage program, with the first Open Call held from September 2019 to January 2020 and the second from March to July 2020.
PARSEC Accelerator invests in innovative solutions that leverage Earth Observation data to address challenges in the Food, Energy, and Environment sectors. The program provides equity-free funding, mentorship, training, and networking opportunities to help participants develop market-ready products and services. The accelerator aims to support the launch of 15 new products and services into the global market.
PARSEC Accelerator offers equity-free funding, mentorship, training, and networking opportunities to participants, enabling them to develop market-ready products and services in the Earth Observation sector.
Q: What is the funding amount available? A: PARSEC Accelerator distributes a total of €2.5 million in equity-free funding.
Q: Who can apply for the program? A: The program targets SMEs, start-ups, entrepreneurs, and researchers in the Food, Energy, and Environment sectors.
Q: When did the program conclude? A: The acceleration programme concluded in October 2021.
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